I think Tim Cook is not entering the Apple at a right time. No matter how good he may be, he will never get the right credit for his efforts and performance. Apple’s stock almost rose five times in last three years and the current market price translates into the market capitalization of more than [...]
Read moreJon Stewart on World of Class Warfare
August 19, 2011
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Jon Stewart on taxes. Great work! It is amazing how Fox News guests talk about raising the taxes for the bottom 50% of the people who control 2.5% of the nation’s total wealth and ask for cutting the taxes for the rich people.
Read more10-Year Notes – First 2.52% and then higher – much higher!
June 23, 2011
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I think that 10-year notes are at a crucial point right now. In the short-term I expect the yield to fall to as low as 2.52 percent but that will help in completing a reversal pattern and open the door to much higher yields in the future. It looks like a multi-decade trend change as [...]
Read moreIndian IT Sector – Doesn’t look good!
June 23, 2011
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Indian IT sector is not looking good right now and I expect significant correction in the near term, which will make it an attractive buy. Below are some of the self-explanatory charts:
Read moreDow Jones and Sensex
June 15, 2011
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DJIA: Although Dow Jones had fallen from more than 12,800 to the current level of 11,900 but I think that still there is lot of room for further correction and we can see Dow Jones touching 11,000 soon. Only a level of 11,000 will help in developing a strong base for next rally. On the [...]
Read more10-year notes – revisited
June 15, 2011
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On May 16, I mentioned that “Treasuries are still looking strong and we can see yields tightening from here. 10-year notes are currently trading around 3.15 percent and are consistently above the support of 3.22 percent for some time now. I think this shows that the market is more responsive to bad news these days [...]
Read moreGanges in New York!
April 22, 2011
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That’s interesting. Ganges in New York! A New York Times article throws light on how Hindus have started worshipping Jamaica Bay in New York as Ganges in India. I think it is all in the mind!
Read more2009 Trade Revisited
February 15, 2011
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Here is what I wrote on October 16, 2009: ” Happy and Prosperous Diwali to all traders and investors. May this year be profitable and fulfill all your dreams! Sensex closed at 17322 on Oct 16, 2009. Let’s us see where it closes at next Diwali. My guess is we will be below 17322. Just [...]
Read moreRich Bookstaber on Facebook
January 30, 2011
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Just wanted to share what I thought a great post on Facebook and other such social networking sites. Rich Bookstaber very impressively writes about the future of these new hot things in the market. Read here, Rich Bookstaber on Facebook
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Danish Kapur
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